It caught my eye that now both the
SOLBTC
ratio and the
SOLUSDT
chart are flashing huge trend reversal signals in long term charts this month.
Downside risk is roughly 25% down from here, to invalidate the trend.
Upside potential depends on how long the trend lasts, but for the time being we're looking at something between $65 and $217 by June 2024 or sooner...
Best of luck if you take the trade.
Cheers,
Ivan Labrie.
SOLBTC
ratio and the
SOLUSDT
chart are flashing huge trend reversal signals in long term charts this month. Downside risk is roughly 25% down from here, to invalidate the trend.
Upside potential depends on how long the trend lasts, but for the time being we're looking at something between $65 and $217 by June 2024 or sooner...
Best of luck if you take the trade.
Cheers,
Ivan Labrie.
Comment:
x.com/ivan_labr...710229396889715?s=20
